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The History of eCommerce: From the 1960s to the 2020s

Ship Monk

An invention of particular note was and continues to be eCommerce, or the selling and buying of goods and services online. We’re not laundry experts, but we do know a thing or two about eCommerce. Also in 1969, CompuServe, an online service provider often cited as the first eCommerce company, was founded by Dr. John R.

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Peak Season 2022 Guide for eCommerce Brands PART 2

Ship Monk

Tips for Peak Season 2022. In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. Now let’s get into additional tips that will set you up for success this holiday season!

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Black Friday & Cyber Monday Prep: A Checklist for Ecommerce Business Owners

Ship Monk

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

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Ultimate Ecommerce Merchant Guide: Owning Your Ops in 2023 PART 2

Ship Monk

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

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5 Tips for Avoiding Holiday Season Mishaps

Ship Monk

Boost your business’s batting average by following these five simple tips. Are you in the loop with Q4 trends and projections ? Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020.

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How Much Warehouse Space Do I Need?

Ship Monk

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. Pro tip : Combine historical data with other forms of demand forecasting for a greater view of your inventory needs. #3

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Remember when you were managing your eCommerce business out of your garage? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. By itself, carrying cost may not tell you much, but when tracked over time it can identify trends that affect your bottom line.